Lagrange multiplier is another name for shadow price

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Field warehousing can be an important source of:

A) short-term financing with low risk to the lender B) cash management for those who factor receivables C) investing for those who follow the "relaxed cash strategy" D) additional storage space for cash-strapped firms

Business

A ________ probability is the probability that an event will occur given that another event has already occurred

A) posterior B) conditional C) marginal D) low

Business